If you can't get paid for your services, your practice isn't sustainable. Check out our straightforward tips to ensuring that your claims are reimbursed instead of denied.
1. Your flexible, comprehensive EHR solution! www.pimsyemr.com hello@pimsyemr.com 877.334.8512
Ever wonder why your billing is denied? Many times, the answer
lies in the human factor – careless errors. We all know there are
times when we cannot read the client’s handwriting on their intake
paperwork or on the doctor’s notes. And then there are the typos
and missing information.
When a claim is denied, it puts a crimp in the reimbursement
process. If the denied claim is not caught in time, it becomes part of your Accounts Receivables. And
that is definitely not where you want claims to go and die. So what can you do about it? Well, let’s look
at why some of your claims are denied (There are many more ways but these are the most common):
Incorrect Date of Birth or Name
Missing or incorrect Social Security Number
ICD-9 Diagnosis code is inaccurate or non-billable
Address of client is missing
Non CMS 5010 Compliance
Claims (HCFA/CMS 1500) filed with missing information
Missing authorization number
Missing NPI (National Provider Identifier)
Incorrect TIN for provider
Missing or incorrect modifier
Claim is Not Filed on Time
Your practice can reduce claims denial by increasing its filing accuracy by following these easy steps:
1) Slow down (think like a tortoise: slow and steady wins the race)
2) Review claims before hitting the submit button
3) Verify Demographics (this may require a call to the client)
4) Ask the physician to clarify handwriting and notes
5) Ask another biller for assistance
6) If a claim has been denied, call the insurance carrier to ask why the claim was denied. Many
insurance carriers have dedicated departments that only handle insurance claims.
With insurance companies tightening their belts and not paying for certain codes and procedures, now
more than ever is the time to ensure accuracy and decrease denials. If your staff is not trained to handle
denied claims, it is always recommended to outsource your denied claims to a billing service. PIMSY
EHR now offers full service billing.
The claim was still denied… Now what? Appeal! The MGMA found that only 35% of providers appeal
denied claims. Since payers frequently make mistakes and deny claims in error, that percentage should
be much higher. Inspect every single denied claim to make sure it’s correct and develop a denial
management system in your practice. Task an employee with appeal duties. Otherwise, you’re just
allowing over 4% of the money you’re owed to slip through the cracks!
Remember, a happy and efficient practice is a practice that has a low insurance claims denial
percentage and a paid staff.
Donna Koger is Office Manager of PIMSY EHR. Click here to learn more about PIMSY or watch our free
video demo here.
6 Easy Steps to
Reduce Billing
Denials